1406 - 242 Rideau Street, Ottawa, Ontario K1N 0B7

Listed for:
$369,000
1 beds
1 baths
Listed 34 days ago
Apartment for rent: 1406 - 242 Rideau Street, Ottawa, Ontario K1N 0B7

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Learn more about this property
Listing provided by:
HOME RUN REALTY INC.
MLS® number:
X11984848
Agent:
Eva Chen
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About

Rideau St and Cumberland Modern 1-Bedroom Condo in the Heart of ByWard Market Prime Downtown Location! Built in 2014 by renowned builder Claridge, this well-maintained 675 sq. ft. condo offers modern living in one of Ottawas most vibrant neighbourhoods. Located in the heart of ByWard Market and downtown Ottawa, everything you need is just steps away - festivals, the Rideau Canal, shops, restaurants, grocery stores, and the Rideau Centre. Its across from the new Metro store and minutes from Parliament Hill, Majors Hill Park, the University of Ottawa, and more. This condo presents an excellent investment opportunity, with strong demand from professionals and university students, ensuring high rental potential and positive cash flow. Commuting is easy with the LRT just steps away and a bus stop at your door. The unit features a smart, square layout that maximizes space. Large south-facing windows in both the living room and bedroom flood the unit with natural light. Enjoy stylish new luxury laminate flooring in the living area, durable ceramic flooring in the foyer, kitchen, and closet, granite countertops, stainless steel appliances, and ample storage. In-unit laundry and additional storage inside the unit and in a dedicated locker are included. **One underground parking space** is also provided. Step out onto the spacious balcony, perfect for relaxing in the warmer months. Residents enjoy a 7,250 sq. ft. recreation area with an indoor pool, saunas, gym, party room, landscaped outdoor terraces, and BBQs. The building offers 24-hour security, concierge service, and surveillance for added peace of mind. A $129 million revitalization plan is underway for ByWard Market, enhancing the area with a greener, more pedestrian-friendly environment. This initiative will further increase the appeal of living at 242 Rideau, making it an even more desirable place to call home. Don't miss this fantastic opportunity to own in one of Ottawas most central locations. Contact us today for your private tour! (id:27476)

Property Highlights

MLS® Number
X11984848
Type
Single Family
Community Name
4003 - Sandy Hill
Maintenance Fee
642.00
Ownership Type
Condominium/Strata
Parking Space Total
1

Building

Building Type
Apartment
Square Footage
599.9954 - 698.9943 sqft
Bathrooms Total
1
Bedrooms Above Ground
1
Bedrooms Total
1
Amenities
Security/Concierge, Exercise Centre, Sauna, Storage - Locker
Exterior Finish
Concrete
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location

Street Spotlight - For sale